CNN+, Consultants, and You
Reports in last week’s business press chronicle the failure of CNN+, a new subscription-based streaming service launched with much fanfare by CNN. Articles describe the launch as an abject failure.
Discusses the hows and whys of strategy development.
Reports in last week’s business press chronicle the failure of CNN+, a new subscription-based streaming service launched with much fanfare by CNN. Articles describe the launch as an abject failure.
The activities of many bank Marketing groups have changed substantially in recent years, particularly with the increased emphasis on all things digital. As banks continue to focus on operating expenses, Marketing…
Over dinner, a Latin American friend who has worked for many international companies was bemoaning the approach of his present employer, a Swedish company. His issue had nothing to do with salary, benefits, or…
When considered together, three headlines in February 2nd’s American Banker Daily Briefing tell a story that bankers need to assess and act on. Headline 1: “Expenses expected to keep weighing down bank profits”
Despite the best attempts of consultants, IT firms, and internal bureaucrats to put up and highlight as many roadblocks as possible, at its core banking remains a simple, straightforward business. Today, perhaps…
This week, the CNN Business website features an article titled, “He killed some of Coke’s most beloved brands. And he’s doing it all over again.” Bankers should reflect on Coke’s initiatives and adapt them to their banks…
The chart accompanying this newsletter shows the decline in total banks from 1966-2017. Since then, the total has declined further. In 2021 the FDIC lists 4,983 banks at the start of the year, down about 100…
Over the years we have advised dozens of companies hoping to sell their services to banks and FIs in multiple areas, often involving platforms tied to credit cards, business lending, commercial finance, or cash…
I mentioned to a consulting friend that I had seen a BAI executive report with the title “Big Stakes in Small Business Banking” followed by the tag line “SMBs…
Name changing and rebranding has become a big business for consultants and a big distraction for some business leaders. Bluntly, these changes often blow…